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Ben Johnson receives a bonus of $5,000 each year on December 31. Beginning on December 31, 2019, he deposits his bonus every year in a
Ben Johnson receives a bonus of $5,000 each year on December 31. Beginning on December 31, 2019, he deposits his bonus every year in a savings account that earns interest of 12% compounded annually. What will be the amount in the fund on December 31, 2023, after he deposits his bonus received on that date
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
